Stocks nudged higher on Tuesday in the wake of a solid kick off to earnings season thanks to Alcoa. Looking ahead we have several market moving events that, if positive, could have us making new highs by the week's end.
Those events are: Fed Beige Book, Intel earnings, Inflation reports PPI/CPI, Industrial Production and Weekly Jobless Claims. If we get 3 or more of these showing positive signs, then it will be hard for the bears to stop the market from advancing. Sooner or later those doomsayers will have to throw in the towel as the economy continues to rebound.
Featured Commentaries on Zacks.com
• How to Find the True Turnaround Stocks
• Top 5 Growth Mutual Funds
• Screen of the Week: Broker Triple Play
• Ahead of Wall Street for Friday Jan. 12th: New daily commentary featuring the best from our Equity Research team
Executive VP, Zacks Investment Research
New Zacks Turnaround Stocks Uncovered
Suddenly, certain stocks have leapfrogged from low Zacks Ranks to the highest Zacks #1 "Strong Buys." Until tomorrow, Friday, January 14, there's a unique opportunity to share these true turnarounds – just as Wall Street is catching on to them.
Testing shows that such stocks are over 2-1/2 TIMES more lucrative than the full list of #1s. The number of investors who share the recommendations must be strictly limited.
See turnaround picks now >>
Today's Top Stories: Wednesday- January 12, 2011
ZACKS RANK BUY STOCKS
- Aggressive Growth - Ruby Tuesday, Inc. (RT) announced a 4.2% increase in same-restaurant sales for the second quarter of fiscal 2011. Net income jumped more than 10 times, to $4.6 million, from $0.4 million. Read More...
Growth & Income - Activision Blizzard, Inc. (ATVI) management raised its outlook for the full year 2010 following third quarter results. The company now expects EPS of 74 cents, compared to previous guidance of 72 cents. Read More...
Momentum - Walgreen, Inc. (WAG) third-quarter earnings looked good, coming in at 62 cents, 15% ahead of the Zacks Consensus Estimate for the company's second consecutive surprise. Read More...
Value - Complete Production Services, Inc. (CPX) 2010 consensus jumped to $1.12 from 84 cents in the last 90 days, with 3 estimates being revised higher in just the last week. That is expected earnings growth of 245%. Read More...
Learn how to profit from our exclusive Zacks Rank stock-ranking system with free resources. Read More...
ZACKS MUTUAL FUND RANK
- Top 5 Technology Mutual Funds
Get technology with Fidelity Select Technology (FSPTX), Wells Fargo Advantage Specialized Technology A (WFSTX), Goldman Sachs Technology Tollkeeper A (GITAX), Matthews Asia Science & Technology (MATFX) and MFS Technology A (MTCAX). Read More...
- Best Of Fund Family
Top 5 JP Morgan Mutual Funds Read More...
See all the great mutual fund resources.
BEST OF ZACKS EQUITY RESEARCH
NEW ZACKS VIDEOS:
EDUCATION: Aggressive Growth
"Short-Selling" Stocks Read More...
BEST OF ZACKS.COM PARTNER COMMENTARY
VIP "owltrades" is charting his way to profit with BUY calls in (CHK), (DVAX) (TRW) and (ZOLT). Read More...
Visit the Zacks.com Facebook page and get the latest insight on stocks and the market:
Zacks On Facebook
Get the Zacks.com newsfeed delivered straight to your Twitter account:
Zacks On Twitter
OTHER ZACKS RESOURCES:
Manage your Profit from the Pros subscription:
If you enjoy this e-mail newsletter, then please pass it along to a friend. Simply forward them the link below to sign up for their own free subscription. THANKS!
Refer a Friend
Executive VP, Zacks Investment Research
p.s. What is the mission for Zacks Profit from the Pros?
To find out how we will help you become a more successful investor, click here.
Visit /performance for information about the performance numbers displayed in this newsletter.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
To contact us by mail:
Zacks Investment Research
Attn: Profit from the Pros
111 N. Canal St., Suite 1101
Chicago, IL 60606
To unsubscribe from receiving "Zacks.com Profit from the Pros"
e-mail newsletter, Click here....